Sometimes, no matter how many months a company invests in development or how many millions it spends on marketing, a new product can fall flat on its face. That's what happened to these new offerings, the biggest product flops of 2012.

Apple is testing smart TV designs with major Asian component suppliers, The Wall Street Journal reports. And executives at some suppliers for the world's most valuable tech company are confirming that designs for a large-screen high-def television are in the works.

On Tuesday, Microsoft put out a chest-thumping press release about how well its new Surface tablet is selling. But read between the lines of the PR puffery, and you'll see a worried tech giant making another big gamble in its attempt to produce a tablet that can compete with the iPad.

Apple CEO Tim Cook opened up to Bloomberg Businessweek about some of the hot button issues facing his company. The man who succeeded Steve Jobs dishes on Maps, executive changes, overall management style, and making Macs in the U.S.A.

Nokia's stock price has nearly doubled since hitting bottom last summer, but it's premature to call this a turnaround for the company that, until recently, was the world's largest cell phone maker. If anything, at least one analyst sees this as a selling opportunity.

Amazon released its first mobile game, "Air Patriots" on Thursday, The classic tower defense strategy game is a free download for Apple iOS and Android devices; but can the world's largest online retailer compete in a marketplace filled with thousands of nimble little competitors?

In the past two years, Hewlett-Packard's world has turned upside-down, thanks to CEO woes, costly acquisitions and a doomed attempt to revive webOS. All those problems cost the tech giant 58% of its market value. But as bad as things appear now, they can always get worse.

Microsoft's unveiled the Surface tablet Monday, and this new iPad foe will of course be met with some skepticism. But there are plenty of reasons to take the world's largest software company seriously here. Here are five reasons to get excited.